Basel IV Regulations Impact for Banking Industry

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News Date: May 8, 2023

Basel IV Rules Will Arrive and Complicate Bank Lives Even Further.
New Banking Rules Will Tighten Credit Standards, according to Morgan Stanley.
According to Morgan Stanley analysts, the Fed will issue new bank capital regulations between late May and early July, which will be followed by a comment period and a final rule that will be implemented gradually between 2025 and 27.
For their US Large-Cap Banks coverage, they anticipate that the implementation of this Basel IV, often known as the 'Basel III Endgame,' will result in increased risk-weighted assets (RWAs) and capital requirements, with a focus on Global Systemically Important Banks (GSIBs).
The name 'Basel' comes from the city of Basel in Switzerland, where the Basel Committee on Banking Supervision was established in 1974.
The committee is made up of representatives from central banks and regulatory authorities from around the world, and its primary goal is to promote international financial stability by developing and promoting supervisory standards and guidelines for the banking industry.

Iraq is working on the equal deal

Iraqi officials are disclosing that the government is now working on 'equal deal' project for trade and imports with some countries such as China, Iran, and India in their own currencies.
They are pointing out that Baghdad is studying the establishment of a free zone to import materials, marketing them to the private sector, and ensuring their delivery to the consumer at competitive prices in Iraqi dinars.
These sources revealed that there are ongoing negotiations with countries to regulate trade and take the best options in terms of payment.
This project reminds us of Donald Trump's statement:
All Currencies will be on an Even Level Playing Field much sooner than most people understand or think

US Jobs Data could Trouble the Market

Goldman: The Market's Reaction To The Jobs Report Means Brace For A Stubborn Grind Higher In September.
Unusually large U.S. jobs number stokes case for 'unusually large' rate hike.
Friday's 'Great' Jobs Number Could Spell Trouble For The Market.
'Great' US Jobs Data Make Case for Bigger Fed Rate Increases.
Bond markets complicate Fed decision after jobs report.
There is a probability of a 0.75% move in September, a noticeable change from the 0.50% move markets were pricing prior to Friday's jobs report.
Sources: substack, finance.yahoo

FED takeover hinted by the US Debt Clock

Very interesting US Debt Clock Secret Window on November 14:
This secret window has the quotes of Thomas Edison and next The Federal Reserve System seal saying Federal 'Usury' System.
We also see the 1922 20$ Gold Certificate (and physical coins) which would be valued at about 314$ today.
But the most important suggestion: at the base of the concealed window on the Usdebtclock, rests a dial adorned with a luminous green light, positioned precisely amidst the Federal Reserve System seal and the US Treasury 1776 seal.
This seemingly symbolic arrangement signifies a transition or progression from one system to another, hinting at the shift or movement from the jurisdiction or operations of the Federal Reserve System towards those governed by the US Treasury.

Trump's objective is to abolish the IRS

February 25, 2025:
Doug O'Donnell, the acting head of the IRS, is set to announce his retirement amid significant disruptions at the agency. His departure follows recent layoffs initiated by the Trump administration and an attempt by personnel from the Department of Government Efficiency (DOGE) to access taxpayer data. The move comes at a time of mounting challenges for the tax collection agency.
February 20, 2025:
Commerce Secretary Howard Lutnick stated on Fox News that President Trump's objective is to abolish the IRS, aligning with his broader vision of replacing federal income taxes with tariffs on foreign nations.
Lutnick emphasized that the administration aims to balance the U.S. budget by the end of Trump's term, reinforcing Trump's economic and fiscal agenda.
"I am so pumped up for it," Lutnick declared on Jesse Watters Primetime, highlighting plans for an "External Revenue Service" to oversee alternative revenue sources.

WH is launching Quantum Information Science official website

White House is launching http://quantum.gov, the official website of the National Quantum Initiative and Quantum Information Science.
Quantum Information Science (QIS) emerges from a deeper consideration of how quantum physics (our description of the world at the microscopic level) has implications for information science.
The National Quantum Initiative Act (NQI Act) was signed into law by President Trump on December 21, 2018 to accelerate quantum research and development for the economic and national security of the United States.
Sources:www.quantum.gov